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Microcap & Penny Stocks : XSNI - X-Stream Network -- Ignore unavailable to you. Want to Upgrade?

To: donkeyman who wrote (1946)	7/11/1999 10:28:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 3519

--XSNI spiked to $6 on a lot of SI hype. The fact that it sold off to pre-hype levels is not good. Movement was just daytraders. --Freeserve priced at the lower end of its range. Not good. --XSNI will have a lot of trouble getting over $6 again because a lot of people bought over the current price and want to sell at break even. They lack your enthusiasm. It's called "overhead" in a chart. --XSNI bottomed out briefly in the high 1's and drifted back up to current levels in what looks like very aimless trading. I don't see any great signs in this chart. --Some traders will buy XSNI for the runup into the Freeserve IPO then sell as soon as Freeserve starts trading. "Sell the news". --If Freeserve doesn't take off, XSNI could get cut in half in a matter of minutes. --The recent conduct of the company hiring lawyers to contact Jacalyn is a warning sign to me. All she did was ask a bunch of legitimate questions and they freaked out. --Where is the application for the NASDAQ listing? It's already mid-July.